Nihon Enterprise Co (TSE:4829) Cyclically Adjusted PB Ratio: 0.79 (As of Sep. 14, 2026) — 47% Below Median

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TSE:4829 Nihon Enterprise Co Ltd TSE:4829
64 GF Score
Price 円107.00
GF Value 円120.86
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Nihon Enterprise Co Cyclically Adjusted PB Ratio?

Nihon Enterprise Co TSE:4829 -0.93% 64 Cyclically Adjusted PB Ratio is 0.79 as of Sep. 14, 2026, which is 47% below its 10-year median of 1.49. GuruFocus rates TSE:4829 with a GF Score™ of 64/100 and a GF Value™ of 円120.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,464 Software companies, Nihon Enterprise Co ranks better than 80.81% on this metric.

As of today (2026-09-14), Nihon Enterprise Co's current share price is 円107.00. Nihon Enterprise Co's Cyclically Adjusted Book per Share for the fiscal year that ended in May26 was 円135.96. Nihon Enterprise Co's Cyclically Adjusted PB Ratio for today is 0.79.

The historical rank and industry rank for Nihon Enterprise Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:4829' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.49   Max: 3.13
Current: 0.79

During the past 13 years, Nihon Enterprise Co's highest Cyclically Adjusted PB Ratio was 3.13. The lowest was 0.74. And the median was 1.49.

TSE:4829's Cyclically Adjusted PB Ratio is ranked better than
80.81% of 1464 companies
in the Software industry
Industry Median: 2.34 vs TSE:4829: 0.79

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Nihon Enterprise Co's adjusted book value per share data of for the fiscal year that ended in May26 was 円122.633. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円135.96 for the trailing ten years ended in May26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon Enterprise Co  (TSE:4829) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Nihon Enterprise Co Cyclically Adjusted PB Ratio Related Terms


Nihon Enterprise Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nihon Enterprise Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nihon Enterprise Co Cyclically Adjusted PB Ratio Chart

Nihon Enterprise Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.02 0.99 0.86 0.79

Nihon Enterprise Co Quarterly Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.79 0.86 0.80 0.79

TSE:4829 vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Nihon Enterprise Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nihon Enterprise Co Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Nihon Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nihon Enterprise Co's Cyclically Adjusted PB Ratio falls into.


TSE:4829
64GF Score
Nihon Enterprise Co Ltd TSE:4829
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Enterprise Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Nihon Enterprise Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=107.00/135.96
=0.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nihon Enterprise Co's Cyclically Adjusted Book per Share for the fiscal year that ended in May26 is calculated as:

For example, Nihon Enterprise Co's adjusted Book Value per Share data for the fiscal year that ended in May26 was:

Adj_Book=Book Value per Share/CPI of May26 (Change)*Current CPI (May26)
=122.633/113.5000*113.5000
=122.633

Current CPI (May26) = 113.5000.

Nihon Enterprise Co Annual Data

Book Value per Share CPI Adj_Book
201705 122.231 98.600 140.702
201805 122.984 99.300 140.571
201905 122.593 100.000 139.143
202005 125.018 100.100 141.754
202105 126.138 99.400 144.031
202205 123.540 101.800 137.739
202305 124.219 105.100 134.147
202405 127.679 108.100 134.057
202505 122.956 111.800 124.826
202605 122.633 113.500 122.633

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.79 mean?
Nihon Enterprise Co (TSE:4829) has a Cyclically Adjusted PB Ratio of 0.79 as of Sep. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Nihon Enterprise Co and its competitors. This is 47% below median its historical median of 1.49. Over the past decade, Nihon Enterprise Co's Cyclically Adjusted PB Ratio has ranged from 0.74 to 3.13. According to the industry distribution chart, Nihon Enterprise Co ranks #281 out of 1464 companies in the Software industry, placing it in the top 19.2%.
Is Nihon Enterprise Co's Cyclically Adjusted PB Ratio too high?
Nihon Enterprise Co's current Cyclically Adjusted PB Ratio of 0.79 is 47% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 3.13. The Software industry median Cyclically Adjusted PB Ratio is 2.34. Nihon Enterprise Co's value of 0.79 is 66.2% below this industry median. Based on the distribution chart, Nihon Enterprise Co ranks #281 out of 1464 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Nihon Enterprise Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Enterprise Co's Cyclically Adjusted PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Nihon Enterprise Co ranks #281 out of 1464 companies for Cyclically Adjusted PB Ratio. This places Nihon Enterprise Co in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.34. Nihon Enterprise Co's value of 0.79 is 66.2% below this benchmark. Historically, Nihon Enterprise Co's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 3.13 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 2.34, Nihon Enterprise Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,464 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nihon Enterprise Co's current Cyclically Adjusted PB Ratio of 0.79 is 66.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Nihon Enterprise Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Enterprise Co's current Cyclically Adjusted PB Ratio is 0.79, which is 47% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Enterprise Co (TSE:4829) is currently considered Modestly Undervalued. The stock's GF Value™ is 円120.86, compared to a current price of 円107.00 — trading 11.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is 47% below median its 10-year median of 1.49 and 66.2% below the Software industry median of 2.34. Nihon Enterprise Co's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Nihon Enterprise Co (TSE:4829), the current Cyclically Adjusted PB Ratio is 0.79 as of Sep. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nihon Enterprise Co (TSE:4829) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Enterprise Co stock appears to be undervalued. The current stock price of 円107.00 is trading 11.5% below its estimated GF Value™ of 円120.86. GuruFocus considers Nihon Enterprise Co to be Modestly Undervalued.

Key valuation signals for TSE:4829:

  • Cyclically Adjusted PB Ratio: 0.79 (47% below median its 10-year median of 1.49)
  • GF Value™: 円120.86 vs. price of 円107.00 (11.5% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 66.2% below the Software median (#281 of 1464)

No single metric tells the full story. See the TSE:4829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Enterprise Co Business Description

Address Matsuoka Shibuya Building 1-17-8 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
Nihon Enterprise Co Ltd is engaged in the planning, development, and management of smartphone apps for consumers, development and sale of business support applications, cloud services, contract development of applications, and advertisement proxy services.
64GF Score

Get the complete analysis for TSE:4829

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円107.00
Price
円120.86
GF Value